Barbier Francois 4
4 · FLEX LTD. · Filed Jun 18, 2019
Insider Transaction Report
Form 4
FLEX LTD.FLEX
Barbier Francois
President, Global Operations
Transactions
- Sale
Ordinary Shares
2019-06-17$9.00/sh−23,454$210,980→ 674,610 total
Footnotes (4)
- [F1]The sale reported in this Form 4 includes shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted share units ("RSUs").
- [F2]Price reflects weighted average sales price; actual sales prices ranged from $8.97 to $9.01. The Reporting Person undertakes to provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares purchased or sold at each separate price.
- [F3]Includes the following: (1) 23,455 unvested RSUs, which will vest on June 14, 2020; (2) 58,338 unvested RSUs, which will vest in three equal annual installments beginning on June 29, 2019; (3) 76,899 unvested RSUs, which will vest in four equal annual installments beginning on June 19, 2019; (4) 113,747 unvested RSUs, which will vest in four equal annual installments beginning on June 11, 2020; (5) 59,453 unvested RSUs, which will vest upon achievement of performance conditions; and (6) 242,718 unvested RSUs, which will vest on March 5, 2021.
- [F4]Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not previously forfeited.